When does NYS start accepting tax returns? This is a common question among New York State taxpayers who are eager to file their taxes as soon as possible. The New York State Department of Taxation and Finance has specific guidelines and deadlines that determine when the tax filing process begins each year.
New York State typically follows the same timeline as the Internal Revenue Service (IRS) for accepting tax returns. The IRS usually starts accepting tax returns on January 24th each year, and this date is generally when the NYS Department of Taxation and Finance begins accepting tax returns as well. However, it is essential to note that the actual start date may vary slightly from year to year.
There are a few factors that can influence when NYS starts accepting tax returns. One of the primary reasons for any delay is the need for the state to update its tax software to reflect any changes in tax laws. Additionally, the state may experience technical issues or processing delays that can impact the start date. Taxpayers should keep an eye on the NYS Department of Taxation and Finance’s official website for the most up-to-date information.
In recent years, the NYS Department of Taxation and Finance has made it easier for taxpayers to file their taxes online. The state offers a free online filing service through its website, and taxpayers can also use commercial tax preparation software that supports New York State tax returns. Regardless of the method chosen, it is crucial to be aware of the start date for tax returns to ensure timely filing.
Once the NYS Department of Taxation and Finance begins accepting tax returns, taxpayers have until April 15th to file their returns. However, it is important to note that if you are unable to file by the deadline, you can request an extension. The NYS Department of Taxation and Finance offers a six-month extension, which can be requested by filing Form IT-450X. Keep in mind that while an extension gives you more time to file your return, it does not extend the time you have to pay any taxes owed.
In conclusion, New York State typically starts accepting tax returns on January 24th, following the IRS’s timeline. Taxpayers should stay informed about any changes or delays and take advantage of the available resources to ensure a smooth tax filing process. By being aware of when NYS starts accepting tax returns, you can avoid unnecessary stress and ensure that your taxes are filed on time.
